MORNAY
ActiveSummary
MORNAY has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€279,999) and a net result of €6,393. Equity has been stable since 2018 (±2.3% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-02-1991 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.052.070.632 1000 Brussel, since 19-04-2002
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €24,852
- ▲ 18.4%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €6,393
- Equity
- -€279,999
- ▲ 2.2%
- Total assets
- €333,284
- ▼ 6.7%
- Negative equity on 31-12-2025
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€279,999Liquidity: current ratio 0.03, cash €2,007, halvedlowers riskSize: total assets €333,284Figures for financial year 2025 (filed on 31-08-2026)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 6% on liquidity, 51% on profitability and 55% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 85 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€279,999 View
Recent changes
- · Gazette deed Incorporation
Key facts about MORNAY
- What is the company number of MORNAY?
- The company number of MORNAY is 0443.252.584. The VAT number is the same number with BE in front: BE 0443.252.584.
- Where is MORNAY based?
- The registered office is at Perulaan 65, 1000 Brussel.Company details
- What is the legal form of MORNAY?
- The legal form of MORNAY is Private limited company (pre-2019) (BVBA).
- When was MORNAY founded?
- MORNAY was founded on 19-02-1991.
- Is MORNAY still active?
- Yes, MORNAY is an active enterprise in the KBO register.
- What is the turnover of MORNAY?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €24,852 and 6,319 comparable companies of the same size. It probably lies between €87,000 and €460,000. It is a rough estimate. In financial year 2021 turnover was €27,600.Financials
- Is MORNAY profitable?
- In financial year 2025, MORNAY made a profit of €6,393.
- Where can I find the annual accounts of MORNAY?
- MORNAY filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MORNAY due?
- MORNAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.